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Question 45

Multiple Choice

(described below) . What amount can Shelley deduct as an employee business expense (before considering any miscellaneous itemized deduction limitations) ? (described below) . What amount can Shelley deduct as an employee business expense (before considering any miscellaneous itemized deduction limitations) ?   A)  $2,740 B)  $1,850 if Shelley's AGI is $50,000 C)  $2,850 D)  All of the expenses are deductible if Shelley is reimbursed under an accountable plan. E)  None of the expenses are deductible - only employers can deduct travel expenses.


A) $2,740
B) $1,850 if Shelley's AGI is $50,000
C) $2,850
D) All of the expenses are deductible if Shelley is reimbursed under an accountable plan.
E) None of the expenses are deductible - only employers can deduct travel expenses.

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